A not-for-profit organization exists for the good of the community, and a not-for-profit healthcare organization helps to cover gaps in health services rather than generate a profit. While for-profit and not-for-profit hospitals are all regulated by the same authorities…
Data is one of the most valuable and long-lasting assets in financial services. While “data governance” may not be a term we hear that often, it has immense influence on how community banks and credit unions collect and utilize…
A nonprofit governance committee performs many of the same duties and has many of the same responsibilities as those for a for-profit corporation. Like for-profit entities, nonprofit organizations often formally combine the function of the nominating committee with that…
Every time a governing board gains a new member, a new board is formed. Board makeup, chemistry and expertise change with each new member — so to keep a board cohesive and effective, special attention must be paid to new…
As a volunteer board member, you won’t have missed that the digital landscape is rapidly evolving and significantly impacting higher education. In this dynamic environment, it's crucial for you and your fellow board members to position yourselves as tech-enabled…
Behind every community bank or credit union is a hardworking board. While board members may put many hours of time and effort into their board duties, it’s fair to ask whether the board is achieving results that help fulfill…
Donors, volunteers, and partners support nonprofits because of their missions. They want to help nonprofits achieve their goals, whether those goals are creating a community feeding program, raising money for scholarships, or cleaning up a local waterway. A growing…
Are your nonprofit healthcare board members complaining behind closed doors? Are they frustrated that some board members are not prepared? Do they feel like their input is being overshadowed by a few outspoken members? These are some common complaints…
Financial sustainability. Increasing staff costs. Enrollment and demographic shifts. Regulatory requirements. Alumni engagement and fundraising. Recognize all of these challenges facing your higher education organization? Addressing these challenges requires strategic planning, innovative approaches to education delivery, financial stewardship, and…
As a CEO or board director of a community bank, you have a personal stake in improving the effectiveness of your board. Enhancing decision-making, strategic planning, and governance practices within your board can directly contribute to the success of…
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